ISID, Foreign Investments Study Team (2014): FDI Companies and the Indian Company Law: Regulations vs. Disclosures.
Preview |
PDF
MPRA_paper_57143.pdf Download (272kB) | Preview |
Abstract
In India companies with substantial foreign direct investment can register as private companies irrespective of the size of their operation whether in India or abroad. Under the Indian company law private companies can prevent public access to certain critical information on their operations. While many FDI companies got delisted (gone 'private')over the past few years ,indications are that most FDI companies are registered as private companies. The Discussion Note argues for withdrawal of the exemption for all companies registered in india which have certain minimum paid-up-capital, assets or turnover.
Item Type: | MPRA Paper |
---|---|
Original Title: | FDI Companies and the Indian Company Law: Regulations vs. Disclosures |
English Title: | FDI Companies and the Indian Company Law: Regulations vs. Disclosures |
Language: | English |
Keywords: | FDI, companies act, corporate disclosures, India |
Subjects: | F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms ; International Business G - Financial Economics > G3 - Corporate Finance and Governance > G38 - Government Policy and Regulation K - Law and Economics > K2 - Regulation and Business Law > K22 - Business and Securities Law |
Item ID: | 57143 |
Depositing User: | Prof Chalapati Rao KS |
Date Deposited: | 09 Jul 2014 21:10 |
Last Modified: | 13 Oct 2019 09:40 |
References: | K.S. Chalapati Rao and K.V.K. Ranganathan, “Review of the Directory of Joint Stock companies in India 1990”, Institute for Studies in Industrial Development, 1992. K.S. Chalapati Rao, “Indian Private Corporate Sector: Some Characteristics and Trends”, Company News & Notes, Issue No. 2, Vol. 34, 1997, pp. 3-12. (http://isidev.nic.in/pdf/WP9702.PDF) India, National Manufacturing Competitiveness Council, Report of the Prime Minister’s Group: Measures for Ensuring Sustained Growth of the Indian Manufacturing Sector, September 2008. Reserve Bank of India, “Annual Census on Foreign Liabilities and Assets of Indian Companies: 2012-13”, RBI Monthly Bulletin, February 2014, pp. 107-112. K.S. Chalapati Rao and Nagesh Kumar, “A Reform of the Corporate Sector Statistics: Some Suggestions”, A Note Submitted to the National Statistical Commission, December 6, 2000. Available at http://isidev.nic.in/pdf/WP0002.pdf. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/57143 |